Latest News
The latest energy, maritime and bunker industry news worldwide.
Latest News
The latest energy, maritime and bunker industry news worldwide.
Keeping You Informed
Ship Recycling Market Retains Positive Momentum
The ship recycling markets have remained strong over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian market
Newbuild Orders Continue With Scrubbers
The most revealing part of the scrubber discussion today is what owners and charterers are choosing for newbuild vessels that will not enter service until the end of this decade
Danube congestion continues to tighten general cargo and small dry bulk vessel availability in the Black Sea
Persistent congestion in the Danube River has been lowering vessel availability in the Black Sea, particularly for smaller general cargo tonnage, while also affecting some dry bulk vessels. Prolonged delays
More Newbuildings Ordered Last Week
A series of newbuilding orders were concluded last week, as more owners entered the market. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained active this
Onboard carbon capture offers a practical CO2 emissions reduction pathway for shipping’s global fleet
Onboard carbon capture and storage systems (oCCS) could play a significant role in helping shipping reduce CO2 emissions, while alternative fuel supply chains continue to develop, according to a new
The Records Do Not Lie: Your Most Underrated Commercial Asset
Did you know? Did you know that a pre-arrival checklist, a recorded drill, or a single entry in a logbook can move your commercial performance? Not in a vague, everything-is-connected
VLCCs In High Demand Among Shipowners
Ship owners are stocking up with VLCCs, betting on a long lasting surge of rates amid Middle East instability. In its latest weekly report, shipbroker Xclusiv said that “the January–July
What if the Strait of Hormuz doesn’t reopen this year?
The Strait of Hormuz has been de-facto closed for six months and there are few signs of any upcoming solution to the conflict. What will the implications be if energy
Black Sea disruptions to weigh on vegoil carrier demand
The Black Sea region remains the world’s most important corridor for sunflower oil exports, with Russia and Ukraine accounting for over 57% of global trade. However, recent attacks on port